NBG makes profit of 20 mln in Q1, NPE stock falls again
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
Eurobank net profits at 34.5 mln in Q1
Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
Banks focus on defining challenge of reducing NPEs
Piraeus Bank posts net loss of 80 mln in Q1
NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
National Bank of Greece (NBG) announced on Thursday it entered into an agreement with the Dutch EXIN Financial Services Holdings BV for the sale of a 75 percent stake in Ethniki Insurance, NBG’s insurance subsidiary in Greece.
The consideration of the transaction stands at 718.3 million implying a total enterprise value of 958 million. NBG will retain a 25 percent share in Ethniki Insurance, which will remain its exclusive bancassurance provider under a new ten-year partnersh...
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